August 12, 2022
ECONOMY

Report warns Massachusetts could lose competitive edge with rise of remote work

Yasmin Amer ,

WBUR

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According to census data, more than 46,000 people emigrated out of Massachusetts between 2020 and 2021, the fourth largest exodus in the country behind New York, California, and Illinois. A new report warns this is one of several concerning trends that could erode the state's economic growth, particularly at a time when more employees can work from almost anywhere.

"People are moving in droves to lower cost jurisdictions." said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, a fiscal watchdog group that authored the report. "We may have to more proactively recruit and retain talent than we've had to in the recent past."